Extremely Nice 1957 Ford Failane 500 on 2040-cars
Oroville, California, United States
Up for sale is an immaculate 1957 Ford Fairlane 500. This car has been completely restored from the body off to the frame and everything in between. This Ford has absolutely zero rust and no bondo. It has never been in an accident that I can tell and has been in Northern California all it's life. I purchased this car from a local restorer who had the car done in primer and was still needing to paint, complete the interior and put her back together. I've had the car for a couple of years and have run into time and money restraints and need to sell this to complete other projects. The car is currently registered and is on a non-op. There are no fees against the car. This Fairlane runs and drives like she looks. The interior, paint, tires, wheels and much of the chrome and trim is new or looks new. however, it will need several pieces of trim to complete as well as : neutral safety switch, shocks, some weatherstrip, right vent glass has a crack. upper windshield trim edges, driver door upper trim and check mark. The right side fin trim is a bit dented but can easily be repaired. The paint, while not show quality looks fantastic, the interior is all new as is the carpet, headliner. All the glass in in great shape except the right wing vent has a crack. Everything seems to work. It can be driven but has not been driven much since I've had it. The car is very solid, never any rot or rust whatsoever, the chrome is all in very nice condition, the body lines are good and straight. The car is stored inside and can remain there free of charge for a reasonable amount of time. I will assist in shipping all I can but the cost is the responsibility of the buyer. If you have any questions, please call 530-519-2195 or email. I will respond quickly, Thanks |
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Ford Q1 profits dragged down by warranty costs
Fri, 25 Apr 2014General Motors isn't the only Detroit automaker posting falling profits in the first quarter. Ford just released its Q1 2014 financial data, and it reported a net income of $989 million, down $622 million from Q1 2013. The drop is partially blamed on higher warranty and recall expenses than the company had anticipated.
Financially, Ford suffered a rough quarter almost across the board. Its pre-tax profit of $1.4 billion was also down $765 million from a year ago. Things were even worse in the North American market where operating profit fell significantly to $1.5 billion, down from $2.392 billion in Q1 2013. However, its global revenue ticked up slightly to $35.9 billion, from $35.6 billion in this period in 2013.
Ford admitted that it spent about $900 million on expenses that it hadn't planned for during this quarter. According to Reuters, the company paid about $400 million in additional warranty and recall costs in North America. The automaker didn't explain why the costs were so much higher than expected. However, in the last three months, Ford has had several recalls, including on the 2001-2004 Escape for rust, Explorer for its steering, Edge for its fuel line and others.
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Ford jumped from sixth overall in 2012 to first for 2013, but those that have been watching these rankings shouldn't be hugely surprised. Ford was rated the best perceived automotive manufacturer by the same organization last year. The Blue Oval's success on the overall brand rankings is made all the more impressive by the complete lack of other automakers on the list.
YouGov (that is, survey respondents) cited Ford's first quarter of 2013 business, which saw an increase in market share and the best earnings recorded in over 10 years. Successfully launching the Focus and Fusion (pictured) and keeping them fresh in the minds of consumers has also contributed to Ford's best overall score.
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